17�Թ�����

In high-level meetings with government, manufacturing and trade group leaders held in Mexico last week, the 17�Թ����� hammered home a key message: For North American manufacturing to remain globally competitive, Mexico must protect investor holdings in the country.
��
What’s going on: During a jam-packed three-day visit to Mexico City, 17�Թ����� President and CEO Jay Timmons and an 17�Թ����� contingent with top officials in the new Sheinbaum administration, as well as leadership at multiple agencies and associations.

• These included newly appointed Deputy Trade Minister Luis Rosendo Gutiérrez, the Business Coordinating Council (CCE),��the Confederation of Industrial Chambers of Mexico (CONCAMIN),��the Mexico Business Council (CMN), the National Council of the Export Manufacturing Industry (INDEX) and others.������

What they said: The 17�Թ�����’s main message at each gathering was the same: Companies investing in Mexico need assurance that their portfolios will be protected regardless of the fate of proposed in the country.

• The 17�Թ����� also underscored the of the U.S.–Mexico–Canada Agreement, which is due for review in 2026, and the necessity of ensuring that the deal is upheld for all three parties.
• If its terms are respected, USMCA could help North American manufacturing outcompete China.

On China: This week, just days after his office’s meeting with the 17�Թ�����, Gutiérrez announced that the Sheinbaum administration will seek U.S. manufacturers’ help to reshore—mainly from China—the production of some critical technologies (, subscription).

• “We want to focus on supporting our domestic supply chains,” he told the Journal, adding that talks with U.S. companies are still in the informal stage.

​�ċ�ċ�ċ�ċ�ċ�ċThe 17�Թ����� says: ��“Manufacturing is at the heart of the USMCA,” said 17�Թ�������Vice President of International Policy Andrea Durkin, who was part of the 17�Թ����� group on the ground in Mexico.��“The 17�Թ����� intends to work to ensure that the agreement strengthens the competitiveness of manufacturers.”
​�ċ�ċ�ċ�ċ�ċ�ċ